SC481408falseproduction of electricity2023-08-012024-07-31http://www.companieshouse.gov.uk/2023-07-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-07-31http://www.companieshouse.gov.uk/cd:Director12023-08-012024-07-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-07-31http://www.companieshouse.gov.uk/cd:Director22023-08-012024-07-31http://www.companieshouse.gov.uk/cd:Director32023-08-012024-07-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-07-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-08-012024-07-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-07-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-08-012024-07-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-08-012024-07-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-07-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-07-31http://www.companieshouse.gov.uk/2023-08-012024-07-31http://www.companieshouse.gov.uk/2023-07-31http://www.companieshouse.gov.uk/cd:FRS1022023-08-012024-07-31http://www.companieshouse.gov.uk/2024-07-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-08-012024-07-31http://www.companieshouse.gov.uk/pt:LandBuildings2023-07-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-08-012024-07-31http://www.companieshouse.gov.uk/pt:LandBuildings2024-07-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: SC481408
Blantyre Hydro Limited
ACCOUNTS
FOR THE YEAR ENDED 31/07/2024
Prepared By:
N B Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN
Blantyre Hydro Limited
ACCOUNTS
FOR THE YEAR ENDED 31/07/2024
DIRECTORS
R T Potts
Mrs L C Carson
Miss R L Carson
REGISTERED OFFICE
Barmagachan House,
Borgue,
Kirkcudbright
DG6 4SW
COMPANY DETAILS
Private company limited by shares registered in SC - Scotland, registered number SC481408
BANKERS
Virgin Money Plc
ACCOUNTANTS
N B Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN
Blantyre Hydro Limited
ACCOUNTS
FOR THEYEARENDED31/07/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Blantyre Hydro Limited
BALANCE SHEET AT 31/07/2024
20242023
Notes££
FIXED ASSETS
Tangible assets211,24711,299
CURRENT ASSETS
Debtors31,035,468786,181
Cash at bank and in hand256,311424,032
1,291,7791,210,213
CREDITORS: Amounts falling due within one year4142,410246,923
NET CURRENT ASSETS1,149,369963,290
TOTAL ASSETS LESS CURRENT LIABILITIES1,160,616974,589
CREDITORS: Amounts falling due after more than one year513,33323,333
NET ASSETS1,147,283951,256
CAPITAL AND RESERVES
Called up share capital7100100
Profit and loss account1,147,183951,156
SHAREHOLDERS' FUNDS1,147,283951,256
For the year ending 31/07/2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 20/03/2025 and signed on their behalf by
.............................
Mrs L C Carson
Director
Blantyre Hydro Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/07/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentreducing balance 25%
2. TANGIBLE FIXED ASSETS
Land And
BuildingsEquipmentTotal
£££
Cost
At 01/08/202311,09088211,972
At 31/07/202411,09088211,972
Depreciation
At 01/08/2023-673673
For the year-5252
At 31/07/2024-725725
Net Book Amounts
At 31/07/202411,09015711,247
At 31/07/202311,09020911,299
Blantyre Hydro Limited
3. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors31,29350,924
Recoverable taxes242,347-
Other debtors100100
Prepayments19,66217,091
Directors current account - R T Potts371,033359,033
Directors current account - L C Carson371,033359,033
1,035,468786,181
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax97,360169,014
VAT23,37564,886
Bank Loan (unsecured)10,00010,000
Trade creditors9,275623
Accruals2,4002,400
142,410246,923
5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans (unsecured) >1yr13,33323,333
13,33323,333
6. EMPLOYEES
20242023
No.No.
Average number of employees11
Blantyre Hydro Limited
7. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
8. RELATED PARTY TRANSACTIONS
A salary of £9,096 was paid to a certain director during the year (2023 - £9,096).
Dividends of £96,000 were paid to the directors during the year (2023 - £96,000).
At the balance sheet date the directors owed the company £742,066 (2023 - £718,066). This amount is unsecured, interest free and repayable on demand.
9. TRANSACTIONS WITH DIRECTORS
At 1st August 2023 a loan of £718,066 was owed to the company by the directors. Further advances of £24,000 were made during the year and £742,066 remains outstanding at the balance sheet date.
The loans are unsecured, interest free and repayable on demand.